In technical terms Burton made money, Bluff cost after mining finished a cash injection would have been nice although a shame but when you mine blind with fixed mining contracts you get caught, $32.5million missing from the books that hopefully shows up next quarter and will be useful, Ellensfield is going to burn a quick $30mil with hopefully some cash coming from June sales or bank will look empty, capital raise before the end of the quarter will be a right royal f up.
Hopefully Broadmeadsows to Ellensfield is a smooth transition.
Add up cost's per tonne sold Burton page 7 and get back to me,
I was going to check up on royalties for the quarter, but when you look at coking coal $374 and 40% over the $300 part is $29.60 to be paid we will just accept $47.43
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- Ann: Investor Presentation March 2024 Quarterly Update
Ann: Investor Presentation March 2024 Quarterly Update, page-13
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